Minister of Housing, Informal Human Settlements, Physical Planning, and Lands and Surveys Julian Francis of Saint Vincent and the Grenadines
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Francis said the nation's number one industry is a big problem because major projects that were developed on the island have not been able to work in a sustainable way.
Francis said he still believes that Grand Bahama needs a project similar to Atlantis to anchor the island's tourism sector so that it could be the catalyst for other developments to take place.
Francis is Grand Bahama Chamber of Commerce President Dr.
Governor Francis had indicated last year that he would be stepping down during the course of 2005.
Francis denied that certain principals of the Port were courting him again.
Francis was initially courted by Mr.
Francis is not expected to return to the Port as long as Sir Jack remains a major controller of the company.
Francis was elected by the bank’s shareholders at its Annual General Meeting held Thursday 16th March, 2006.
Francis is a past Chairman of the Board of Directors for The Bridge Authority, Deputy Chairman to the Securities Commission of The Bahamas, and Joint General Manager of Banque De La Sociètè Financière Europèenne Paris France.
Francis is presently Co-Chairman and CEO of The Grand Bahama Port Authority and Subsidiaries.
Francis was first recruited to join KPMG in London as a consultant in its corporate recovery practice, and after one year, moved to the US.
Julian Francis was born in New Providence, Bahamas.
appointed Governor and Chairman of the board in 1997.
Francis said it still makes major contributions to the economy.
Francis said he also believes Bahamians are not sufficiently conscious of the issue, hence his call for public education on the importance of saving.
Francis said Bahamians have to realise that they are competing in a global economy, which is becoming more efficient daily with improved technology.
Francis was clearing the air yesterday, on issues surrounding the process and what this means for the country, while appearing as a guest on the Gems 105.
Prime Minister Hubert Ingraham has said that the government wants BTC privatized by the end of the year, a move that Francis supports and believes Bahamians should embrace.
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